The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.
Initial claims for state unemployment benefits fell by 3,000 to a seasonally adjusted level of 201,000 for the week ended Sept. 15, the Labor Department said on Thursday. That is the lowest level since November 1969. Data for the prior week’s claims was unrevised.
Economists polled by Reuters had forecast claims rising to 210,000 in the latest week.
The Labor Department said only claims for Hawaii were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, declined by 2,250 to 205,750 last week, the lowest level since December 1969.
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5 comments:
This is all Trumps fault!
He did this, he has to be stopped!
We must put this country back on track to complete destruction!
Vote Democrat to return to those wonderful Obama years!
Thank you Obama!
Obama did it.
Thank you Obama
CNN said this is a result of Trumps mismanagement of the economy. He is clearly responsible for this, the fault rests on his shoulders. This has caused the closure of several unemployment offices, putting 50 to 60 workers out of a job. They said this is proof he hates working people, he puts workers out of work!
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